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In the Philippines, a government-owned and controlled corporation ( GOCC ), sometimes with an "and/or", [ 1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
18 Jun 1949. The Civil Code governs private law in the Philippines, including obligations and contracts, succession, torts and damages, property. It was enacted in 1950. Book I of the Civil Code, which governed marriage and family law, was supplanted by the Family Code in 1987. [2] Republic Act No. 6657.
The Philippine Health Insurance Corporation ( PhilHealth) was created in 1995 to implement universal health coverage in the Philippines. It is a tax-exempt, government-owned and controlled corporation (GOCC) of the Philippines, and is attached to the Department of Health. On August 4, 1969, Republic Act 6111 or the Philippine Medical Care Act ...
Endo (derived from " end-of-contract ") [ 1] refers to a short-term employment practice in the Philippines. It is a form of contractualization which involves companies giving workers temporary employment that lasts them less than six months and then terminating their employment just short of being regularized in order to skirt on the fees which ...
Philippine Span Asia Carrier Corporation ( PSACC ), formerly branded as Sulpicio Lines, Inc. ( SLI, Tagalog pronunciation: [sulˈpiːʃo] ), is a major shipping line in the Philippines. [ 1][ 2] PSACC is one of the largest domestic shipping and container companies in the Philippines in terms of the number of vessels operated and gross tonnage.
A non-stock corporation (or nonstock corporation) is a corporation that does not have owners represented by shares of stock, [1] in contrast to a joint-stock company. A non-stock corporation typically has members who are the functional equivalent of shareholders in a stock corporation. The members may have the right to vote (and other rights ...
Siamese crocodiles are a freshwater species that can grow up to 4 meters (13.1 feet) in length. They have a prominent bony crest at the back of the head, and were once present in much of mainland ...
Website. www .phlpost .gov .ph. The Philippine Postal Corporation ( Filipino: Korporasyong Pangkoreo ng Pilipinas ), [ 3] abbreviated and stylized as PHLPost and also known as the Philippine Post Office, is a government-owned and controlled corporation under the Office of the President, responsible for providing postal services in the Philippines.